The passing of more relaxed cross-media ownership rules on Friday November 1 meant that many ITV companies experienced high prices at the start of last week.Border was up 6.5 to 310p on Monday, with the price hovering around this mark for the majority of the week. STV had risen to 733.5p during the first part… Continue reading Sharewatch W/E 8/11/96
Both Capital Radio and EMAP release their interim results today, with Capital expected to reveal a year-on-year rise despite the heavy competition in the London radio market. IPC are holding a seminar called A Feast Of Magazines on Wednesday which will look at recent develpoments in the magazine sector, focusing especially on Men’s titles.Another new… Continue reading The Week Ahead
United News & Media plc have today announced that they are selling their 15 Welsh newspaper titles, which include South Wales Argus , to Southern Newspapers for £31.5 million. The proceeds from the sale will be used to reduce group debts.As part of United’s review of operations following the merger with MAI, the decision was… Continue reading United News & Media Sell Welsh Titles
Qualities The recently released ABC October figures show that amongst the quality dailies the Times easily outperformed every title in the sector.Last month it increased by 16.08% year-on-year to reach sales of 783,595, while its nearest rival in terms of growth was the FT with a growth of 2.5%. The Daily Telegraph came a close… Continue reading National Press Round-Up – October
Capital Radio plc have released their pre tax profits for the year to September 1996. Profits are up 21% on last year’s figure to £32.1 million. Turnover is £77.8 million, which is an increase of 15%.Ian Irvine, Chairman of Capital Radio, said ” Turnover and headline profit before tax are once again at record levels,… Continue reading Capital Radio Profits Up
Media group EMAP this morning announced six-month financial results which show that pre-tax profits have risen 34% to £50.6m on the back of turnover which increased 16% to £388.3m.Advertising income from consumer magazines was partly responsible for the good growth, increasing 10%, though ad revenue was flat in the business magazines sector. Profits were good… Continue reading EMAP Profits Rise To £50.6m
CIA Media Solutions has made a raft of new appointments as part of its management restructure. Simon Bartle, Tony Jarvis and Mick Style have all become members of the company board while Helen Whitby has been promoted from the position of research executive to research manager.…The Telegraph has made two appointments to its ad display… Continue reading Appointment News
BSkyB has announced that it will be forming a joint venture with OzEmail, an Australian Internet provider, to launch an advertising service on the Internet.Full details of the plan are expected to be announced next month though it is known that the project will deliver ad opportunities for Web sites around the globe. BSkyB will… Continue reading BSkyB To Launch Internet Ad Service
ABC figures released for October show that the Daily Express‘s revamp has made little impact on the paper’s declining circulation in the face of the Daily Mail‘s growing strength. In October the Daily Express‘s sales fell by 3.64% to 1.205 million year-on-year and though this is a slight improvement on September’s figure, the Daily Mail… Continue reading National Newspaper October ABCs
London News Radio has said that it will be moving its sales operation in-house and will no longer trade through Media Sales and Marketing.It is reported that Nigel Reeve, managing director of LNR, is keen to have sales handled by staff who have a close affinity with the station and he believes the best way… Continue reading LNR Moves Sales In-House
